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Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in

Kansas Supplies is a manufacturer of plastic parts that uses the weighted-average process costing method to account for costs of production. It produces parts in three separate departments: Molding, Assembling, and Packaging. The following information was obtained for the Assembling Department for the month of April.

Work in process on April 1 had 110,000 units made up of the following:

Amount Degree of Completion
Prior department costs transferred in from the Molding Department $ 152,900 100 %
Costs added by the Assembling Department
Direct materials $ 89,100 100 %
Direct labor 37,540 60 %
Manufacturing overhead 25,070 50 %
$ 151,710
Work in process, April 1 $ 304,610

During April, 510,000 units were transferred in from the Molding Department at a cost of $708,900. The Assembling Department added the following costs:

Direct materials $ 379,080
Direct labor 196,400
Manufacturing overhead 119,980
Total costs added $ 695,460

Assembling finished 410,000 units and transferred them to the Packaging Department.

At April 30, 210,000 units were still in work-in-process inventory. The degree of completion of work-in-process inventory at April 30 was as follows:

Direct materials 80 %
Direct labor 70
Manufacturing overhead 35

Required:

a. Prepare a production cost report using the weighted-average method. (Round "Cost per equivalent unit" to 2 decimal places

KANSAS SUPPLIES Assembling Department Production Cost Report- Weighted Average

Flow of Production Units

Physical Units
Units to be accounted for:
Beginning WIP inventory 110,000
Units started this period 510,000
Total Units to be accounted for 620,000

Compute Equivalent Units

Prior Department Costs Materials Labor Manufacturing Overhead
Units accounted for
Units Completed and transferred out
From beginning inventory ??
Started and completed currently ??
Total transferred out ?? ?? ?? ?? ??
Units in ending WIP inventory ?? ?? ?? ?? ??
Total Units accounted for ?? ?? ?? ?? ??

DETAILS

Total Costs Prior Department Costs Materials Labor Manufacturing
Costs to be accounted for
Costs in beginning WIP inventory ?? ?? ?? ?? ??
Current period costs ?? ?? ?? ?? ??
Total costs to be accounted for $ $

$

$ $
Cost per equivalent unit
Prior department costs ??
Materials ??
Labor ??
Manufacturing overhead ??
Costs accounted for
Costs assigned to units transferred out
Prior department costs ?? ??
Materials ?? ??
Labor ?? ??
Manufacturing Overhead ?? ??
Total costs of units transferred out $
Costs assigned to ending WIP inventory
Prior department costs ?? ??
Materials ?? ??
Labor ?? ??
Manufacturing overhead ?? ??
Total ending WIP inventory $$
Total costs accounted for $ $ $ $ $

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